Rich Bravo Homes LLC

Member Since: 07.08.2016

BIO

My name is Rich Bravo. I am primarily a Single-family investor based out of the Brea, CA area. I am looking to connect with Investment properties. Make sure to Friend me and Like my Connected Investors profile.

Investors! We get hundreds of off-market deals per month all over California (San Bernardino, Riverside, Orange, Los Angeles, San Francisco, Sacramento Counties) Respond with your contact information and buying criteria to be added to our daily deals list. single family and multi-family. Buy 'Em. Wholesale.... More Fix and flip, buy hold. These deals go quick!
or you can fill our online form easier to be automatically added to our "buyer list" on www.houzinvestors.comLess

I am in a bit of a pinch. Im working with a homeowner that has a Mortgage of $428,000 and her principal, interest, taxes and insurance she pays every month rounds up to $1,575 NOW but on JUNE 1st 2017 Interest rates will go up so that will round up to$1,875. Market Value Rent in the area is $2,500/mo.... More With a $100k deposit you will become the principal in the transaction. You can buy and hold or rent the property out to a lease option tenant for the full market rent receiving a $525/mo incoming cash flow every month until the values go up over a period of time. That way if the lease option tenant doesn't exercise their right to purchase (within a usual 2-3 year term) put it on the market. An triple your $100,000 investment.

The property is a 2 bed - 1 bath 1,020 square feet. With an In law unit in the back that's not permitted but rents out at $1,200/mo...